Balochistan CM Sanaullah Zehri presents Rs 289b 2016-17 budget

Khurram Shahzad 07:22 PM | 19 Jun, 2016
Balochistan CM Sanaullah Zehri presents Rs 289b 2016-17 budget
QUETTA (Staff Report/Agencies) - Chief Minister Balochistan Nawab Sanaullah Zehri on Sunday presented a provincial budget worth over 289 billion rupees for the fiscal year 2016-17.

Presenting the budget in the provincial assembly in Quetta on Sunday evening, he said the budget was based on deficit of approximately 36 billion rupees.

The Chief Minister said that revenues worth more than 252 billion rupees would be collected during the new financial year. He further said that an amount worth 218 billion had been allocated for non-development expenditures, in the budget while over 71 billion rupees had been allocated for development projects.

The Chief Minister further said that outstanding students would be provided laptops and for this purpose fifty million rupees, had been allocated in the budget.

Similarly, he said five billion rupees had also been allocated for developmental schemes to be completed under the supervision of local bodies councils across the province.

Zehri also said that the government had decided to allocate ten billion rupees for the provision of clean drinking water to Quetta city under the Pat Feeder canal project to be completed at a total cost of 40 billion rupees.

A handsome amount of 7.4 billion rupees has been allocated for the overall betterment of agricultural sector in the new budget.

The Chief Minister also announced a ten percent increase in the salaries of employees of the provincial government on the pattern of federal government.


KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 7, 2022 (Tuesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279 282
Euro EUR 296.67 297.26
UK Pound Sterling GBP 331.71 332.41
U.A.E Dirham AED 74.8 75.1
Saudi Riyal SAR 73.21 73.51
Australian Dollar AUD 190.31 192.72
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.43
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.19
Norwegians Krone NOK 27.12 27.42
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – The gold price in Pakistan dropped by Rs4,300 per tola to reach Rs200,000 on Tuesday as it lost ground on second consecutive day after witnessing mostly bullish trend last week.

As per the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold decreased by Rs3,686 to settle at Rs171,468.

On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.

In the international market, the commodity dropped by $1 to reach $1,869 per ounce.

Meanwhile, silver prices in the domestic market slumped by Rs20 per tola and Rs17.14 per 10 grams to reach at Rs2,230 and Rs1,911, respectively.


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